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0 View Comments Russia denied accusations from the United States and Britain that its agents have planted malware on key components of the internet to spy on rivals, steal trade and potentially launch cyberattacks. A Kremlin spokesman on Tuesday called the claim unfounded and "feeble." In a joint statement Monday, the U.S. Department of Homeland Security, the FBI and the U.K.'s National Cyber Security Centre said the main targets in the alleged tampering of routers and other networking equipment include "government and private-sector organizations," as well as providers of "critical infrastructure" and internet service providers. "Victims were identified through a coordinated series of actions between U.S. and international partners," according to a companion technical alert issued by the U.S. Computer Emergency Response Team (US-CERT). Both nations have "high confidence" in the finding of Russian-sponsored cyber-meddling, which the alert said has been reported by multiple … [Read more...] about Russia denies ‘feeble’ US, UK charges of internet tampering

By Jessica DiNapoli NEW YORK (Reuters) – Bankrupt retailer Toys “R” Us has rejected an $890 million (622.5 million pounds) bid for some of its U.S. stores and locations in Canada from the CEO of Bratz doll maker MGA Entertainment Inc, a person familiar with the matter said on Tuesday. Last week, MGA Chief Executive Officer Isaac Larian, who said the wind-down of Toys “R” Us would hurt the toy industry long-term, offered $675 million for the U.S. stores, and $215 million for Canadian stores. “I haven’t yet been notified of the bid rejection but if this is true, it is very disappointing,” Larian said in a statement. “It is our hope and expectation that we can continue to participate in the bid process, so we can keep fighting to save Toys ‘R Us. We feel confident that we submitted a fair valuation of the company’s US assets in an effort to save the business and over 130,000 domestic jobs.” The offer does not exceed … [Read more...] about Toys ‘R’ Us turns down bid for stores from toy maker

Toys "R" Us has rejected a bid from the billionaire toymaker behind Bratz dolls and Little Tikes. Isaac Larian placed a $675 million bid for 200 of the remaining 735 Toys "R" Us locations in the United States, and almost all of more than 80 locations in Canada. Toys "R" Us is still considering other offers, but it's not clear whether those would keep US stores open. Sources with knowledge of the matter say the bid was too low. Larian, CEO of toymaker MGA Entertainment, told CNNMoney on Tuesday that he wasn't aware of the rejection. "If this is true," he said, "it is very disappointing." "We feel confident that we submitted a fair valuation of the company's US assets," he said, adding that he wants to "keep fighting to save Toys "R" Us. Related: Billionaire CEO behind Bratz makes his bid for Toys 'R' US Larian added that he had hoped a successful bid would save over 130,000 jobs in the United States. He had planned to use his own money along with financing from banks and … [Read more...] about Toys ‘R’ Us rejects bid from Bratz CEO

NEW YORK (Reuters) - Bankrupt retailer Toys “R” Us has rejected an $890 million bid for some of its U.S. stores and locations in Canada from the CEO of Bratz doll maker MGA Entertainment Inc, a person familiar with the matter said on Tuesday. FILE PHOTO: People pass by Toys R Us store at Times Square in New York, U.S., March 9, 2018. REUTERS/Eduardo Munoz/File Photo Last week, MGA Chief Executive Officer Isaac Larian, who said the wind-down of Toys “R” Us would hurt the toy industry long-term, offered $675 million for the U.S. stores, and $215 million for Canadian stores. “I haven’t yet been notified of the bid rejection but if this is true, it is very disappointing,” Larian said in a statement. “It is our hope and expectation that we can continue to participate in the bid process, so we can keep fighting to save Toys ‘R Us. We feel confident that we submitted a fair valuation of the company’s US assets in an effort … [Read more...] about Toys ‘R’ Us turns down bid for stores from toy maker: source